NOT LISTED FOR SALE

9 Fanning Way Pennington, NJ 08534

Estimated Value: $774,000 - $852,000

4 Beds
2.5 Baths
2,428 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $520,000 $214 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,746/month

104 Days on Market

Highlights

  • Tennis Courts
  • Open Floorplan
  • Deck
  • Hopewell Valley Central High School Rated A
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of October 2020

This spacious, beautifully upgraded, and conveniently located home with four bedrooms and two and a half baths is move-in ready! Walk through the front door to find a high, 9-foot ceilinged living and dining room with upgraded lighting, perfect for dinner parties and staying in alike. Enter the connected and newly renovated kitchen with a stunning quartz countertop, porcelain floor tiles, stately 48-inch cherry wood cabinets, and modern kitchen appliances. Completing the main level, find the Cathedral Ceiling family room with abundant natural lighting and the same gorgeous new hardwood flooring.Upstairs, discover the master bedroom and bath along with three additional bedrooms and a full bathroom. Both bathrooms are fully remodeled with brand new showers. In the master bedroom, relax after a long day in the roomy bathtub. Walk all the way downstairs to enjoy a fully finished basement, or out the back door to take in a newly painted deck and high fenced back lawn. This friendly Brandon Farms community, in the highly regarded Hopewell Valley School District, welcomes you to enjoy all its luxuries: playgrounds, swimming pool, sports courts and fields (tennis, basketball, and soccer), miles of scenic trails, and the Stony Brook elementary school, all within a short walking distance from your new home. Enjoy further convenience with easy access to Train Stations, Route 1, Rt206 and HWY95 for all your shopping and commuting needs.

Last Agent to Sell the Property

Ziqi Li

Coldwell Banker Residential Brokerage - Princeton License #1647853 Listed on: 05/19/2020

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Linda Chang

Optimum Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,555

Year Built

  • Built in 1997

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Backs to Trees or Woods
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Property is zoned R-5

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,428 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Central Vacuum
  • Vinyl Wall or Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Windows
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Breakfast Room
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Finished Basement

  • English Basement
  • Basement Windows

Outdoor Features

  • Tennis Courts
  • Deck

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Energy-Efficient HVAC

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 06-00078 41-00017

Community Details

Overview

  • Association fees include common area maintenance, management
  • Brandon Farms Poa, Phone Number (609) 737-9058
  • Smiths Crossings Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,555

Year Built

Built in 1997

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Kitchen appliances, Window treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This spacious, beautifully upgraded, and conveniently located home with four bedrooms and two and a half baths is move-in ready! Walk through the front door to find a high, 9-foot ceilinged living and dining room with upgraded lighting, perfect for dinner parties and staying in alike. Enter the connected and newly renovated kitchen with a stunning quartz countertop, porcelain floor tiles, stately 48-inch cherry wood cabinets, and modern kitchen appliances. Completing the main level, find the Cathedral Ceiling family room with abundant natural lighting and the same gorgeous new hardwood flooring.Upstairs, discover the master bedroom and bath along with three additional bedrooms and a full bathroom. Both bathrooms are fully remodeled with brand new showers. In the master bedroom, relax after a long day in the roomy bathtub. Walk all the way downstairs to enjoy a fully finished basement, or out the back door to take in a newly painted deck and high fenced back lawn. This friendly Brandon Farms community, in the highly regarded Hopewell Valley School District, welcomes you to enjoy all its luxuries: playgrounds, swimming pool, sports courts and fields (tennis, basketball, and soccer), miles of scenic trails, and the Stony Brook elementary school, all within a short walking distance from your new home. Enjoy further convenience with easy access to Train Stations, Route 1, Rt206 and HWY95 for all your shopping and commuting needs.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Dryer - Gas, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Refrigerator, Range Hood, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Central Vacuum, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Pantry, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors
  • Window Features: Insulated, Sliding
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Sliding Glass
  • Wall Ceiling Types: Vinyl, 2 Story Ceilings, 9'+ Ceilings, Vaulted Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Bedroom 1, Laundry, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, English, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 2428
  • Living Area Sq Ft: 2428
  • Price Per Sq Ft: 221.99
  • Above Grade Finished Sq Ft: 2428
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s)
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 94.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management
  • HOA Name: BRANDON FARMS POA
  • HOA Phone: (609) 737-9058
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground, Fenced

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: STONY BROOK E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: CENTRAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: STONY BROOK E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Efficiency: Hvac
  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Privacy, Wood
  • Improvement Assessed Value: 308500.00
  • Land Assessed Value: 157000.00
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Level, Private, Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R-5

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2124121
  • Tax Annual Amount: 13555.00
  • Assessor Parcel Number: 06-00078 41-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 2428
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/16/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Oct 14, 2020
Sold by
Zhu Jun and Zhu Jun
Bought by
Li Ang and Yuan Xiacting
Seller's Agent
Ziqi Li
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Linda Chang
Optimum Realty Inc.
List Price
$559,000
Sold Price
$520,000
Premium/Discount to List
-$39,000
-6.98%
Current Estimated Value
$806,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,735
Avg. Annual Appreciation
9.20%
Original Mortgage
$390,000
Outstanding Balance
$349,412
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$435,691

Purchase Details

Closed on
Jun 1, 2006

Purchase Details

Closed on
Mar 1, 2006
Sold by
Papa Virginia
Bought by
Li Tong and Zhu Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.88%

Purchase Details

Closed on
Dec 1, 2003
Sold by
Zincone Gerald
Bought by
Papa Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.82%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Frino Michael
Bought by
Zincone Gerald and Zincone Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
7.61%

Purchase Details

Closed on
Oct 25, 1996
Sold by
Hopewell K Hovnanian
Bought by
Frino Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.07%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Ang $520,000 Title Authority
-- $545,000 --
Li Tong $545,000 --
Papa Virginia $440,000 --
Zincone Gerald $364,000 --
Frino Michael $220,961 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Ang $390,000
Previous Owner Li Tong $260,000
Previous Owner Li Tong $273,000
Previous Owner Li Tong $300,000
Previous Owner Li Tong $300,000
Previous Owner Li Tong $390,000
Previous Owner Li Jong $400,000
Previous Owner Li Tong $436,000
Previous Owner Papa Virginia $352,000
Previous Owner Zincone Gerald $211,000
Previous Owner Frino Michael $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $520,000 -3.5% $214 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $539,000 -1.8% $222 / Sq Ft
06/09/2020 06/09/20 Price Changed $549,000 -1.8% $226 / Sq Ft
05/19/2020 05/19/20 For Sale $559,000 -- $230 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,650 $492,800 $184,300 $308,500
2023 $14,650 $479,400 $170,900 $308,500
2022 $14,240 $479,400 $170,900 $308,500
2021 $14,240 $465,500 $157,000 $308,500
2020 $13,895 $465,500 $157,000 $308,500
2019 $13,555 $465,500 $157,000 $308,500
2018 $13,304 $465,500 $157,000 $308,500
2017 $12,941 $465,500 $157,000 $308,500
2016 $12,233 $465,500 $157,000 $308,500
2015 $12,359 $465,500 $157,000 $308,500
2014 $12,103 $465,500 $157,000 $308,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME293138

Bright MLS

APN: 06-00078-41-00017